USDA estimates the inventory of cattle and calves on feed for the slaughter market totaled 10.98 million head as of Sept. 1, down 1% from the same time last year.
Prices could be capped or even rise in the future because of the possibility of more corn acres in 2020 or fertilizer production curtailments.
One of the biggest marketing difficulties can be the temptation to frequently change strategies and never really determine a consistent game plan.
IFB's Kirby Wagner anticipates carriers again may pay a lower fee.
Chinese soybean imports could decline by nearly a billion bushels this year.
Market Facilitation Program payments, which could average about $20 to $30 more per acre in Illinois this year compared to 2018, won't be enough to offset market losses,
Farmers remain leery of early freeze.